Today we continue our examination of freight rates and the outlook of the international shipping industry for 2021. Part 1 of this series looked at the high freight rate prices the international [...]
What's happening with freight rates, and shipping costs in general, in 2021? Are they finally coming down after soaring to record highs in 2020, staying the same, or becoming even more [...]
Transpacific freight rates, and freight rates in general, were astronomical in 2020, rising and rising until, at last, they reached a plateau around the end of September/beginning of October. [...]
International shipping in 2021 continues right where 2020 left off. That sentence sounds obvious, but what it means is an abnormal start to the year when it comes to ocean freight shipping, and [...]
Headlines about soaring freight rates are still prevalent in international shipping. In fact, just yesterday (November 18th), Marine Link published an article by Roslan Khasawneh called Container [...]
Could freight rates from China to the US actually rise again in November? There are a couple indicators that make it look like a possibility. Find out what's happening right now with cargo [...]
This blog will get into what's happening with freight rates, cargo volume behavior, and implications those have for shippers through the rest of the year and into 2021. But first – and I promise [...]
It looks like the practices of ocean carriers during the pandemic and the resulting record-high freight rates have caught the attention of American and Chinese maritime regulatory [...]
The peak season continues to be strong, especially for transpacific ocean freight shipping. And surprise, surprise, equipment shortages are reported to have come with the strong peak [...]
How about a positive headline for 2020? It's a great year for ocean freight carriers in the international shipping industry. Transpacific cargo volume continues to surge here in the peak season, [...]
Online shopping is way up. Physical shops and stores around the country have reopened or are reopening. This is the time of year retail typically stocks for holiday shopping, and this year is no [...]
A month ago, Greg Miller reported in an American Shipper article that not only had freight rates finally stopped rising but they also had dropped a bit. He posed the question, "Is this a new [...]
Ocean freight rates have been high in 2020. Extremely high. Ocean carriers have managed to hike freight rates in the middle of a global crisis when demand has been lower than normal by [...]
A couple weeks ago, we posted a blog about how ocean freight carriers, in the middle of the coronavirus pandemic, went from being projected to lose as much as $23 billion in 2020 to looking like [...]
Many returned to work yesterday (February 10th) in China after the Spring Festival Holiday (Chinese New Year) shutdown was extended by the novel coronavirus that quickly spread from its epicenter [...]
This post could be thought of as an update to both last week's post about how the coronavirus is affecting international trade with China and our three part series going through the Phase One [...]
In the last blog, we began a chapter by chapter look at the new Phase One Trade Agreement with China. That post gave an introduction with background and looked at chapters 1-4 of the [...]
In case anyone actually needed more evidence for the volatility of freight rates, ocean shipping prices just swung in the opposite direction again. After blogging just a week ago about a surge in [...]
This year, freight rates in the traditionally peak season months have behaved untraditionally. Instead of seeing higher freight rates, this peak season was full of falling freight rates. However, [...]
It's probably not a good idea for a country you're fighting in a trade war to control one of your biggest ports. That's a situation that was set to happen because of COSCO Shipping's deal to buy [...]